Hermitage club (Haystack) assesses members 10k

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Mister Moose
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Hermitage club (Haystack) assesses members 10k

Post by Mister Moose »

Citing a poor season in 15-16 and recent capital improvements, Hermitage Club is assessing members $10,000 in addition to the $9,500 per year they already pay.

There are currently 700 members.
They expect to need 2.5M additional capital to get through the season.
They are delinquent with property taxes and vendor payments.

Their costs of snowmaking are
“During each production window, about 50 snow guns will be operated to produce the required 20 acre/feet of snow,” according to Hermitage officials. “Early season snowmaking costs are about $800-$1,000 per acre/foot. This cost goes down, the colder it gets. It should cost about $25,000 to get one trail and the base area covered up, groomed out, and ready to ski.”

700 members sure sounds like a healthy number of memberships sold, but not paying vendors and property taxes doesn't sound good.


http://www.dvalnews.com/view/full_story ... djustment-" onclick="window.open(this.href);return false;?
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hillbangin
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Re: Hermitage club (Haystack) assesses members 10k

Post by hillbangin »

Mister Moose wrote:Citing a poor season in 15-16 and recent capital improvements, Hermitage Club is assessing members $10,000 in addition to the $9,500 per year they already pay.

There are currently 700 members.
They expect to need 2.5M additional capital to get through the season.
They are delinquent with property taxes and vendor payments.

Their costs of snowmaking are
“During each production window, about 50 snow guns will be operated to produce the required 20 acre/feet of snow,” according to Hermitage officials. “Early season snowmaking costs are about $800-$1,000 per acre/foot. This cost goes down, the colder it gets. It should cost about $25,000 to get one trail and the base area covered up, groomed out, and ready to ski.”

700 members sure sounds like a healthy number of memberships sold, but not paying vendors and property taxes doesn't sound good.


http://www.dvalnews.com/view/full_story ... djustment-" onclick="window.open(this.href);return false;?
Private ski clubs are such a good idea!

http://billingsgazette.com/news/state-a ... 393e9.html" onclick="window.open(this.href);return false;


The Yellowstone Club, founded in 1997, filed for bankruptcy in 2008. Blixseth was accused of pocketing much of a $375 million Credit Suisse loan to the resort and later gave up control of the enterprise to his ex-wife during their 2008 divorce.

Yellowstone Club’s creditors are seeking more than $250 million from Blixseth.
snoloco
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Re: Hermitage club (Haystack) assesses members 10k

Post by snoloco »

Buying a bubble 6 pack and two new quad chairs in 3 years didn't work out too well for them did it.

Problem with private clubs is they get lots of money from those 1 time initiation fees, but not much in annual dues because you don't have many members even though it costs much more than a season pass does.
Big Bob
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Re: Hermitage club (Haystack) assesses members 10k

Post by Big Bob »

snoloco wrote:Buying a bubble 6 pack and two new quad chairs in 3 years didn't work out too well for them did it.

Problem with private clubs is they get lots of money from those 1 time initiation fees, but not much in annual dues because you don't have many members even though it costs much more than a season pass does.
Maybe that is why Killington is careful the way it invests in new lifts. These guys have a captive audience.
2 hours and 10-minute drive to K
2023/2024 Ski Days: 30 days for the season
Killington: 12/14, 1/4, 1/9, 1/11, 1/17, 1/23, 1/31, 2/5, 2/20, 2/26, 3/4, 3/20, 3/25
Loon: 11/29, 12/8, 12/21, 1/8, 1/19, 1/22,1/30, 2/7, 2/15, 3/1, 3/8, 3/22
Sunday River: 3/12
Sugarloaf: 3/13, 3/14
Cannon:1/15, 2/22
RustyK
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Re: Hermitage club (Haystack) assesses members 10k

Post by RustyK »

What's going on with that private ski area in Plymouth?

Looks pretty quiet there..
Where is Happy Hour ?
ANGUS
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Re: Hermitage club (Haystack) assesses members 10k

Post by ANGUS »

RustyK wrote:What's going on with that private ski area in Plymouth?

Looks pretty quiet there..
I saw some excavation work going on up there in the last couple weeks. Utility trench?
snoloco
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Re: Hermitage club (Haystack) assesses members 10k

Post by snoloco »

Killington needs lift investment plain and simple. The next lifts to be replaced due to age are the North Ridge Triple and Snowshed Express. The next lifts to be replaced due to capacity/operational reasons are the Ramshead express and Snowdon Quad. The next lift to be installed without replacing something else is South Ridge.

I predict all detachables will be Leitner Poma and all fixed grips Skytrac. LP has made it very clear that they are getting out of the fixed grip market and encouraging their repeat customers to use Skytrac (which they own). However, Powdr has been very loyal to Doppelmayr lately and may go with them for any new lifts. They have to take on a new grip design for detachables regardless because the type that's on the Skye Peak Express was discontinued 5 years ago.
daytripper
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Re: Hermitage club (Haystack) assesses members 10k

Post by daytripper »

snoloco wrote:Killington needs lift investment plain and simple. The next lifts to be replaced due to age are the North Ridge Triple and Snowshed Express. The next lifts to be replaced due to capacity/operational reasons are the Ramshead express and Snowdon Quad. The next lift to be installed without replacing something else is South Ridge.

I predict all detachables will be Leitner Poma and all fixed grips Skytrac. LP has made it very clear that they are getting out of the fixed grip market and encouraging their repeat customers to use Skytrac (which they own). However, Powdr has been very loyal to Doppelmayr lately and may go with them for any new lifts. They have to take on a new grip design for detachables regardless because the type that's on the Skye Peak Express was discontinued 5 years ago.
Why do you have the snowshed express an needing replacement? I dont spend much time at snowshed, but I see no issues with it. It doesnt seem to break down very much, its a HSQ, seems like a waste of money to replace that. Especially before replacing snowdon quad. I do believe that snowshed is newer than ramshead.
hillbangin
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Re: Hermitage club (Haystack) assesses members 10k

Post by hillbangin »

daytripper wrote:
snoloco wrote:Killington needs lift investment plain and simple. The next lifts to be replaced due to age are the North Ridge Triple and Snowshed Express. The next lifts to be replaced due to capacity/operational reasons are the Ramshead express and Snowdon Quad. The next lift to be installed without replacing something else is South Ridge.

I predict all detachables will be Leitner Poma and all fixed grips Skytrac. LP has made it very clear that they are getting out of the fixed grip market and encouraging their repeat customers to use Skytrac (which they own). However, Powdr has been very loyal to Doppelmayr lately and may go with them for any new lifts. They have to take on a new grip design for detachables regardless because the type that's on the Skye Peak Express was discontinued 5 years ago.
Why do you have the snowshed express an needing replacement? I dont spend much time at snowshed, but I see no issues with it. It doesnt seem to break down very much, its a HSQ, seems like a waste of money to replace that. Especially before replacing snowdon quad. I do believe that snowshed is newer than ramshead.
Can't tell whether it's user error or what - but it stops a TON. We eat lunch down there on the crazy busy days. It's 50 50 on making it to the top without stopping.
daytripper
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Re: Hermitage club (Haystack) assesses members 10k

Post by daytripper »

hillbangin wrote:
daytripper wrote:
snoloco wrote:Killington needs lift investment plain and simple. The next lifts to be replaced due to age are the North Ridge Triple and Snowshed Express. The next lifts to be replaced due to capacity/operational reasons are the Ramshead express and Snowdon Quad. The next lift to be installed without replacing something else is South Ridge.

I predict all detachables will be Leitner Poma and all fixed grips Skytrac. LP has made it very clear that they are getting out of the fixed grip market and encouraging their repeat customers to use Skytrac (which they own). However, Powdr has been very loyal to Doppelmayr lately and may go with them for any new lifts. They have to take on a new grip design for detachables regardless because the type that's on the Skye Peak Express was discontinued 5 years ago.
Why do you have the snowshed express an needing replacement? I dont spend much time at snowshed, but I see no issues with it. It doesnt seem to break down very much, its a HSQ, seems like a waste of money to replace that. Especially before replacing snowdon quad. I do believe that snowshed is newer than ramshead.
Can't tell whether it's user error or what - but it stops a TON. We eat lunch down there on the crazy busy days. It's 50 50 on making it to the top without stopping.
That's pretty normal on the bunny hill, and the liftys do not do a good job loading that lift, once scanned it's a free for all getting around to the lift. They need to be more organized there like they are at ramshead. When it's mostly beginners they need structure.
snoloco
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Re: Hermitage club (Haystack) assesses members 10k

Post by snoloco »

Snowshed is a Yan HSQ with a bunch of Poma parts bolted into it. 1987 installation. Now runs basically year round since they keep extending the bike park season. Probably has less hours than Superstar at this point, but will surpass it if the current utilization of both lifts remains the same. Still had pretty high hours before they started running it in the summer.
Big Bob
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Re: Hermitage club (Haystack) assesses members 10k

Post by Big Bob »

https://vtdigger.org/2017/12/05/hermita ... -payments/" onclick="window.open(this.href);return false;
2 hours and 10-minute drive to K
2023/2024 Ski Days: 30 days for the season
Killington: 12/14, 1/4, 1/9, 1/11, 1/17, 1/23, 1/31, 2/5, 2/20, 2/26, 3/4, 3/20, 3/25
Loon: 11/29, 12/8, 12/21, 1/8, 1/19, 1/22,1/30, 2/7, 2/15, 3/1, 3/8, 3/22
Sunday River: 3/12
Sugarloaf: 3/13, 3/14
Cannon:1/15, 2/22
PinnacleJim
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Re: Hermitage club (Haystack) assesses members 10k

Post by PinnacleJim »

Killington's capital budget is (unfortunately) controlled by Powdr. Since Copper, Bachelor and Eldora have each gotten new lifts in the last couple of years, I have to believe Killington's turn is coming.
KingsFourMan
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Re: Hermitage club (Haystack) assesses members 10k

Post by KingsFourMan »

Mister Moose wrote:Citing a poor season in 15-16 and recent capital improvements, Hermitage Club is assessing members $10,000 in addition to the $9,500 per year they already pay.

There are currently 700 members.
They expect to need 2.5M additional capital to get through the season.
They are delinquent with property taxes and vendor payments.

Their costs of snowmaking are
“During each production window, about 50 snow guns will be operated to produce the required 20 acre/feet of snow,” according to Hermitage officials. “Early season snowmaking costs are about $800-$1,000 per acre/foot. This cost goes down, the colder it gets. It should cost about $25,000 to get one trail and the base area covered up, groomed out, and ready to ski.”

700 members sure sounds like a healthy number of memberships sold, but not paying vendors and property taxes doesn't sound good.


http://www.dvalnews.com/view/full_story ... djustment-" onclick="window.open(this.href);return false;?


$19,500 to ski....Haystack all season?? For that you could buy an Epic pass and still have $18,700 to put towards plane tickets into Eagle Vail and ski Vail and Beaver Creek all season.
Don't fly Mr. Bluebird, I'm just walking down the road......
DrJeff
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Re: Hermitage club (Haystack) assesses members 10k

Post by DrJeff »

For an additional chuckle about this right now, ABC is on site at the Hermitage filming portions of the season of a program based off their Bachelor Reality series where some of the past contestants are apparently involved in some game show type reality series.....

Anecdotally I have noticed down at Mount Snow the past few weeks, and especially last week when junior race programs began that many kids of Hermitage Members who used to race for the Hermitage Race Team, are this year either racing with Mount Snow's Race Team or the Mount Snow Academy race program as well. Adding even more fuel to the uncertainty fire, is the Mount Snow Academy the last few years for their alpine programs have used the Hermitage as their weekend training site the majority of the season (they train mid week at Mount Snow for their boarding students) - apparently they (Mount Snow Academy) have been in active negotiations wit Magic, Bromley and Berkshire East as sites for training for their athletes on Fridays - Sunday as they aren't sure of the availability of the Hermitage currently. The Mount Snow Academy likely wouldn't be able to train at Mount Snow on the weekends as there just isn't enough hill space for both the Mount Snow proper programs ans the Mount Snow Academy (which is fully separate from Mount Snow proper).

I have heard over the last few weeks a wide ranging myriad of rumors from Hermitage Members, Hermitage Employees, parents of Mount Snow Academy athletes, etc about operations for this year at The Hermitage ranging from the most dire (they're closing right after Christmas week, if not sooner) all the way to it will be operating as normal as some members are/have banded together to float a loan to the mountain to help preserve their own equity they've already invested in the Club. Who knows what the real deal actually is as communication is apparently a big issue with the members and the admins of the Hermitage.....
Proud Ski Racer Parent x2!
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